2-bed · 1,568 sqftSherlock Circus 2, Uptown Motorcity · 3rd floor

305, Sherlock Circus 2

Sold prices and rental history: sold twice, last in February 2016, and rented once, from August 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 17 February 2016
Last soldAED 1.6M17 February 2016
Current rentAED 120K /yr1 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Sherlock Circus 2

What is 305 worth today?

Last sold for AED 1,600,000 in 2016

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17 Feb 2016SoldReady
AED 1,600,000AED 1,020 per sqft
1 Aug 2015RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
8 Jun 2009Sold by developerReady
AED 1,225,000AED 781 per sqft

Source: Dubai Land Department. Updated 17 February 2016.

Key facts

Type
2-bed apartment
Size
1,568 sqft
Floor
3rd of 5
Parking
S237-S238
Service charge
AED 18,700 /yr
Last sold
AED 1.6M · February 2016

About 305, Sherlock Circus 2

305 is a two-bedroom apartment of 1,568 sqft on the 3rd floor of Sherlock Circus 2, a 5-storey tower in Uptown Motorcity. It last sold on 17 February 2016 for AED 1,600,000, or AED 1,020 per sqft, 15% above the AED 888 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2015. The current contract, signed on 1 August 2015, is AED 120,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 18,700 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Sherlock Circus 2
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,227,500; 2010 AED 1,161,000; 2011 AED 1,335,000; 2013 AED 1,450,000; 2015 AED 1,251,678; 2016 AED 1,554,000; 2017 AED 1,300,000; 2022 AED 938,915; 2024 AED 1,425,000; 2025 AED 1,457,500Sold by developer, June 2009: AED 1,225,000 (AED 781 per sqft)Sold, February 2016: AED 1,600,000 (AED 1,020 per sqft)

305 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 305, each contractTypical two-bed in Sherlock Circus 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 91,500; 2014 AED 100,000; 2015 AED 110,000; 2016 AED 120,000; 2017 AED 117,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 82,950; 2024 AED 96,000; 2025 AED 115,500; 2026 AED 117,750New contract, August 2015: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Sherlock Circus 2, and where 305 sits

All 33 2-beds →

305 last sold in February 2016 at AED 1,020 per sqft, 15% above what two-beds in Sherlock Circus 2 were fetching at the time (AED 888). Over the last 12 months two-beds sold for AED 1,600,000 to 1,775,000, around AED 977 per sqft, and rent for AED 55,000 to 135,000 a year. 305's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,775,000
5 Mar 20261,600,000
16 Jun 20251,500,000
23 Apr 20251,415,000
2 2-bed sales in the last 12 months

Sherlock Circus 2

Building

41 apartments, 2-bed to 3-bed over 5 floors in Uptown Motorcity. 2 sold in the last 12 months.

Typical price per sqft
AED 977
Typical sale
AED 1.69M
Typical rent
AED 120K /yr
Typical yield
7.7%
Sherlock Circus 2, Uptown Motorcity: prices, sales and rents →

Other units on the 3rd floor

All 41 units in Sherlock Circus 2
Value
3012-bedAED 978K · Oct 2022
3022-bedAED 970K · Nov 2009
3033-bedAED 1.66M · Mar 2010
3042-bedAED 1.44M · Jul 2017
3062-bedAED 943K · Nov 2020
3072-bedAED 1.48M · Sep 2009

305, Sherlock Circus 2 in numbers

  • Sold twice: first on 8 June 2009 for AED 1,225,000, last on 17 February 2016 for AED 1,600,000 (AED 1,020 per sqft).
  • Rented since August 2015 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 18,700 a year (AED 11.90 per sqft).
  • Two-beds in Sherlock Circus 2 sold for AED 1,600,000–1,775,000 in the 12 months to November 2026; the building's median across all types is AED 977 per sqft.

Source: Dubai Land Department. Updated 17 February 2016.

Questions about 305, Sherlock Circus 2

What did unit 305 last sell for?

AED 1,600,000 on 17 February 2016: AED 1,020 per sqft for 1,568 sqft. The unit has 2 registered sales; the first was AED 1,225,000 in June 2009.

What is the rent for unit 305?

AED 120,000 a year on the contract signed on 1 August 2015.

How big is unit 305?

1,568 sqft (145.7 sqm): a two-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sherlock Circus 2 sold for AED 1,600,000 to 1,775,000 in the last 12 months, around AED 977 per sqft.

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Mortgage on 305, Sherlock Circus 2

Starts from the last sale price (AED 1.6M, 17 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →